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Automotive News Headlines - Yahoo! News

Automotive News Headlines - Yahoo! News
  • Ford stockpiles best-selling F-150 trucks to test new transmission

    A 2017 Ford F-150 Raptor pickup truck is displayed at the North American International Auto Show in DetroitFord Motor Co is stockpiling 2017 model F-150 trucks, delaying delivery to dealers while it runs final tests on a new 10-speed transmission, a top executive told Reuters. The trucks should be delivered by the end of the year, Joe Hinrichs, head of Ford's automotive operations in the Americas said in an interview on Monday. "We are launching the new Raptor and F-150 with the new 10-speed transmission," Hinrichs said.

  • Panasonic may buy ZKW to accelerate push into auto electronics: source

    People pass television installation at Panasonic pavilion before start of IFA consumer electronics fair in BerlinBy Makiko Yamazaki and Alexandra Schwarz-Goerlich TOKYO/VIENNA (Reuters) - Japan's Panasonic Corp may buy European automotive light maker ZKW Group, accelerating its push into the automotive electronics market, a person familiar with the matter said. A spokeswoman for Austria-based ZKW dismissed the idea of a sale to Panasonic as "an old rumor", adding ZKW was not negotiating with Panasonic or other potential suitors. "ZKW is among various deals that Panasonic is considering," the person familiar with the matter told Reuters.

  • Panasonic in talks to buy ZKW for up to $1 billion: Nikkei

    Visitors look at Panasonic Corp's luxury brand home appliances called J concept at CEATEC JAPAN 2015 in MakuhariJapan's Panasonic Corp is in the final stages of talks to buy European automotive light maker ZKW Group for up to $1 billion, accelerating its push into the automotive electronics market, the Nikkei business daily reported Monday. Privately held ZKW supplies light-emitting diode headlights and lighting modules to U.S. and European automakers such as General Motors Co and BMW . Panasonic said in a statement the reported deal was not something it had announced, adding it does not comment on individual deals.

  • Two tech companies win first Stop Slavery Award after workforce scrutiny

    A man works on a tent for NXP Semiconductors in preparation for the 2015 International Consumer Electronics Show (CES) at Las Vegas Convention Center in Las VegasBy Paola Totaro LONDON (Thomson Reuters Foundation) - Two multi-national tech companies previously questioned over labor and workforce conditions won a new global award on Wednesday for turning the spotlight onto their own supply chains to eradicate modern day slavery from their operations. The inaugural Thomson Reuters Foundation Stop Slavery Award was conferred on U.S. technology company Hewlett Packard Enterprise and NXP Semiconductors, the world's largest chip supplier to the automotive industry. The award, designed by Turner Prize winning sculptor Anish Kapoor, aims to recognize businesses that submit their labor practices to scrutiny and excel in efforts to investigate human rights abuses and clean up their supply chain.

  • Delphi, Mobileye to use Intel chip for self-driving car system

    A logo and stock information for auto supplier Mobileye NV is displayed on a screen where the stock is traded on the floor of the NYSEAuto parts maker Delphi Automotive Plc and Israeli technology firm Mobileye NV will put an Intel Corp chip at the heart of their joint effort to produce self-driving vehicles by 2019, the companies said on Tuesday. The move is a boost for the world's largest semiconductor maker, which is also working with German luxury car maker BMW AG and Mobileye on self-driving technology, but has not been able to extend its broader chip dominance into the fast-emerging autonomous vehicle market. Companies from Alphabet Inc's Google to Uber Technologies Inc [UBER.UL] and Tesla Motors Inc are vying to put autonomous vehicles on U.S. roads, which could radically reshape transportation across the country.

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